War on Coal Escalates: Over 200 Power Plants Expected to Close, Thousands of Jobs to Disappear

Right Side News ^ | Tuesday, 13 August 2013 21:22 | E&C

[Olog-hai]

The administration’s war on coal and America’s abundant, reliable energy continues to gain momentum as the nation’s power sector faces an increasingly hostile regulatory environment. Reuters recently chronicled that more than 200 of the nation’s coal-fired power plants have announced plans to retire over the next decade in addition to the 138 units that have already shut down in the past five years. Estimates project this decline in coal-fired power generation could result in the loss of up to 100,000 megawatts of electricity across the country.

Coal is one of America’s most abundant and affordable sources of fuel and supports over 700,000 American jobs. It remains the country’s largest source of electricity, accounting for nearly 40 percent of the nation’s electric generation. But this critical power source, along with tens of thousands of jobs, is being threatened by costly regulations stemming from President Obama’s Environmental Protection Agency.

Despite a reduction in U.S. emissions over the past decade, the Obama administration has announced plans to impose expensive greenhouse gas regulations on new and existing power plants, in addition to a suite of costly new power rules already proposed or issued by EPA. These rules combined will drive up energy prices, send American jobs overseas, and have the potential to shut down America’s coal industry. …

[Former Proud Canadian]

Citizen, you are short sighted and selfish. The dear leader has stated that energy prices must necessarily skyrocket. It is all part of his master plan that is good for everybody.

[Nachum]

The list, Ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/

[ExTexasRedhead]

Thanks to the RINOs and RATs in Congress.

[Georgia Girl 2]

Forget the price of energy going up how about the availability? If you are not making plans for an alternative electrical system at your house plan to spend a lot of time in the dark.

[Nowhere Man]

What’s Obama planning to do? Replace those closed plants with solar panels and windmills? Maybe unicorns squirting out magic skittles for power?

Well, we could place a huge box or cage and put in the magic skittles. Then we can attract all the Travons out there and spring the trap. B-)

This disruption is going to flash back in his face. I hope so, we have traitors running this nation.